HSBC ups price targets on banks, with Eurobank, Piraeus top picks
HSBC raised its price targets on shares of Greece’s four largest lenders after they posted strong performances in the first half, saying Eurobank and Piraeus Bank were its top picks.
Girl (6) drowns while swimming at beach in Corinthia
A six-year-old girl has drowned while swimming at a beach in Corinthia. The girl had gone for a swim at Kalamaki beach with her father. Local media said the girl was pulled from the sea unconscious and rushed to hospital by ambulance, where she was pronounced dead.
42 forest fires in 24 hours
Firefighters dealt with 42 new forest fires in the 24 hours up to 6 p.m. on Monday, the Fire Service said on Monday.
Cypriot cash-for-passports scheme rife with tax failings: audit
A cash-for-passports scheme discontinued by Cyprus in 2020 after a political furor cost the state hundreds of millions of euros in lost revenues from misdirected tax breaks, an independent watchdog said on Monday.
Cartoon (22/08/2022)
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Cyprus says new gas discovery aids Europe’s energy search
A new natural gas discovery off Cyprus’ southern coast that is estimated to contain around 2.5 trillion cubic feet of the hydrocarbon bolsters Europe’s efforts to secure alternative energy sources, the Cypriot energy ministry said Monday, as a supply crisis triggered by Russia’s invasion of Ukraine continues to trouble the continent.
President praises athletes following European Championships
The success of Greek athletes in winning medals at European Championships “fills us with pride and moves us emotionally,” President Katerina Sakellaropoulou said on Monday.
House committee on wiretappings to convene on August 24
The Greek Parliament’s Committee on Institutions and Transparency will convene on August 24 to discuss the recent wiretapping case before the subject is brought to the House on August 26 to be debated by the leaders of the political parties, as decided by the Parliament’s Conference of Presidents that met on Monday.
KYSEA to meet on Tuesday to discuss Evros border control
Greece’s Council for Foreign Affairs and Defense (KYSEA) will convene to discuss the border control of Evros on Tuesday in a regularly scheduled meeting at the Maximos Mansion.
Cyprus goes light on Israel’s Iron Dome
Foreign media are tracking a story on the Cypriot government’s aspirations to obtain Iron Dome, Israel’s field-tested defense system, but news and sources piling up over the weekend suggest the island’s neighbor warming up to Turkey and the war in Ukraine could tell a more complicated story.